Keep pulling the thread on Bloomberg Surveillance.
The closure of the Strait of Hormuz is estimated to reduce global GDP by 0.5% this year.
The Initial Public Offering for SpaceX is predicted to occur this summer.
European governments lack the fiscal capacity to provide significant support to their economies amid the current energy shock.
Europe has fallen significantly behind in the global AI race and is described as being "in the middle of nowhere" regarding technology and AI development.
The Initial Public Offerings for Anthropic and OpenAI are predicted to occur in the mid-to-late fall of this year.
Apple's monetization of AI is predicted to create an incremental $1 trillion in value for the company and could add $15 billion in annual services revenue.
Apple is expected to announce a partnership with Google's Gemini as the first major language model integrated into its ecosystem at the upcoming Worldwide Developers Conference.
Apple is pursuing an "asset-light" AI strategy by leveraging its installed base rather than making large-scale investments in data centers and proprietary large language models.
The NASDAQ Composite index is predicted to reach 30,000 by the end of the year.
Earnings from large-cap technology companies in the current quarter are tracking at three times the level that was expected at the start of the quarter.
Anthropic's Annual Recurring Revenue (ARR) ramped from $9 billion at the end of last year to $30 billion in March, and is now tracking at $44 billion.
Iran is currently in a winning strategic position in the Middle East conflict, having used its leverage more effectively than previously thought.